Buy State Bank of India, target price Rs 1,000: ICICI Securities (16-10-2024)
ICICI Securities has maintained a buy call on State Bank of India at a price target of Rs 1,000 and says value unlocking / monetisation (YES/NSE) could be near-term triggers.
Lakshya Powertech IPO booked over 30x so far on Day 1. Check GMP & other details (16-10-2024)
Lakshya Powertech’s SME IPO has been in high demand, with the issue being subscribed 30 times on the first day, driven by retail and non-institutional investors. The company’s shares are seeing a significant premium in the unlisted market. Funds from the IPO will be used for debt repayment, working capital, and general corporate purposes.
National Building Construction Corporation (NBCC) (16-10-2024)
NBCC bonus shares credited to DP account on 11th oct as per RTA. Till date the trading approval is not accorded. Any regulation regarding the days in which the approval to be accorded? SEBI say the bonus should be made available to the customers in 2 days. The situation is like this. Wide gap between the concerned to act.
Antony Waste up 7% after posting record collection and transportation in Q2 (16-10-2024)
Antony Waste Handling Cell’s combined tonnage for collection and transportation (C&T) and processing reached 1.19 million tonnes in Q2, implying an annual growth of 4 per cent
Ambit has issued a SELL recommendation on Bajaj Housing for the target price of ₹85 (39% downside). (16-10-2024)
Ambit has issued a SELL recommendation on Bajaj Housing for the target price of ₹85 (39% downside). Co is quoting at 5.2x FY26E BV which is a 104% premium over its peers. However, home loans sector is characterized by moderate growth potential & faces high competition from Banks
TCS opportunity (16-10-2024)
TCS Q2FY25 Earnings Analysis: